Who Just RaisedPrana Therapies, Inc.
Encinitas, CA · Biotechnology
Prana Therapies, Inc. is a biotechnology company based in Encinitas, California. In a Form D filed with the SEC on August 10, 2026, it reported raising $40,226,932 from 9 investors as part of an offering of up to $40,226,932. The first sale in the offering took place on November 25, 2025.
100% of the $40.2M offering sold so far
Clinical-stage biotechnology company pioneering multispecific antibodies via INSPIRE platform. Advancing PRA-216 for respiratory & dermatologic diseases.
- Website
- pranatherapies.com
- Amount raised
- $40,226,932
- Offering size
- $40,226,932
- Investors so far
- 9
- First sale
- November 25, 2025
- Securities offered
- Equity, Options or warrants, Securities issuable on exercise or conversion
- Exemption claimed
- Rule 506(b)
- Industry
- Biotechnology
- Headquarters
- Encinitas, California
- Incorporated
- Delaware, 2021
- Entity type
- Corporation
Filings
| Filed | Form | Raised | Offering size | Investors | Source |
|---|---|---|---|---|---|
| D (new notice) | $40,226,932 | $40,226,932 | 9 | SEC filing |
Figures come from the company's own filing with the SEC and are shown as reported. How to read a Form D.
Other health care raises in California
| Company | Location | Sector | Raised | Target | Filed |
|---|---|---|---|---|---|
| iPill Inc. | Rowland Heights, CA | Health Care | $1.3M | $1.5M | |
| White Eagle Sonic Technologies, Inc. | Santa Clara, CA | Health Care | $385K | $1M | |
| Digestive Disease Center, L.P. | Laguna Hills, CA | Health Care | — | $320K | |
| Lionheart Health, Inc. | Huntington Beach, CA | Health Care | $388K | $3M | |
| Anvion Bio, Inc. | San Diego, CA | Health Care | $100K | $1M | |
| Rakuten Medical, Inc. | San Diego, CA | Health Care | $9M | $9M |